The Houston-Sugar Land-Baytown metro accounted for 25 percent of all Texas homes sales during the third quarter; however, the metro’s transaction total only equated to a 1.3 percent year-over-year rise in activity.
- Less than 10 percent of all Houston home sales were valued above $500,000
- Inventory has increased noticeably in the last 12 months
- Year-over-year sales activity was barely adjusted
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